Orsted
ESRS disclosure: ESRS E4 \ DR E4-1 \ Paragraph AR 1 c
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- Provide an explanation of how your company's strategy interacts with its transition plan, specifically in the context of anticipated financial effects from material biodiversity and ecosystem-related risks and opportunities, as outlined in Disclosure Requirement E4-6. Include considerations of biodiversity and ecosystems in your strategy and business model as per Disclosure Requirement E4-1.
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Question Id: E4-1_10
Transitioning away from fossil fuels to renewable energy is fundamental to solving the biodiversity crisis, as climate change is a main driver of biodiversity loss. The space required for the renewable energy transition is significant, and, with a nature in crisis, it is vital that we make sure our energy projects benefit nature. In 2024, we continued taking action to deliver on our ambition to achieve a net-positive biodiversity impact from all new renewable energy projects from 2030.
Report Date: 4Q2024Relevance: 65%
- Does your company disclose whether the third-party standard of conduct referenced in your biodiversity and ecosystem-related policies encourages a step-wise approach and continuous improvement in both the standard and its application of better management practices? Additionally, does it require the establishment of meaningful targets and specific milestones to indicate progress against principles and criteria over time?
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Question Id: E4-2_14
In 2024, we publicly launched our biodiversity measurement framework. This science-based framework contributes to the achievement of our biodiversity ambition by taking the first steps to ensure that we can measure, track, and report both the positive and negative impacts on biodiversity. The scope covers our biodiversity activities for our own operations across all geographies.
Report Date: 4Q2024Relevance: 45%